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1. Your hotel has 100 rooms. Fixed costs per month are $50,000 The variable costs associated with renting a room is $35. Your owner wants

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1. Your hotel has 100 rooms. Fixed costs per month are $50,000 The variable costs associated with renting a room is $35. Your owner wants to make $10,000 in profit and expects to sell 2500 rooms this month. What do rooms need to be priced at to hit this profit number? 2. Jim's hotel has 500 rooms. Last night the hotel sold 300 rooms. The hotel has a variable cost per room of $75 and sold each room for $300. What is the maximum daily fixed costs the hotel can have and still reach breakeven? 3. Harry's hotel has 200 rooms. Last night the hotel sold 150 rooms. The hotel has a daily fixed cost of $20,000 and sold each room for $175 What is the maximum variable cost per room the hotel can have and still reach breakeven

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